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    372 Memorial Drive

    Cambridge, MA 02139
    • $8,000,000
    • STATUS: Active
    • MLS #: 72703385
    UPDATED: 16 min ago
    $8,000,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,734
      SQFT
    • $508
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Mac Chinsomboon of Coldwell Banker Realty - Back Bay.

    Description

    CALL FOR OFFERS FIRST WEEK OF OCTOBER 2020. This unique & iconic generational asset and location, directly adjacent to the MIT campus, along the Charles River, is available as a co-development opportunity for a builder/developer/owner to build a structure for themselves as well as another for TDC. Originally the house of an MIT chancellor, the grand dame at 372 Memorial Drive boasts large rooms, a commercial kitchen, decks and balconies on every floor, and a basement for social gatherings. The Theta Delta Chi five-story waterfront mansion offers the feel of a fraternity house, the beauty of the Charles River, and the convenience of the MIT campus and facilities. Covid 19 protocols must be followed, please inquire regarding the details and an NDA.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-23T11:07:07.52.
    www.trustrealtyone.com/homes/108534041
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    372 Memorial Drive Cambridge, MA 02139

    • Price: $8,000,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 72703385
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    15,734
    SQFT
    $508
    $/SQFT
    1880
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    CALL FOR OFFERS FIRST WEEK OF OCTOBER 2020. This unique & iconic generational asset and location, directly adjacent to the MIT campus, along the Charles River, is available as a co-development opportunity for a builder/developer/owner to build a structure for themselves as well as another for TDC. Originally the house of an MIT chancellor, the grand dame at 372 Memorial Drive boasts large rooms, a commercial kitchen, decks and balconies on every floor, and a basement for social gatherings. The Theta Delta Chi five-story waterfront mansion offers the feel of a fraternity house, the beauty of the Charles River, and the convenience of the MIT campus and facilities. Covid 19 protocols must be followed, please inquire regarding the details and an NDA.
    Exterior Features

    Parking Spaces 0 Stories 4

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 12562.00 Total Building Sq Ft 15734.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 1382900.00 Assessed Value Land 970100.00 Assessed Value Total 2353000.00 Commercial Industrial Type Land Disclosure No Disclosures This is A Co-Development Opportunity For A Builder/Owner To Possibly Obtain Charlies River Adjacent Property. Mit is A Named Exclusion. Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 0 Rsu Units 12 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 13918.39 Total Units 12 Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Frat-Soror

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Mac Chinsomboon of Coldwell Banker Realty - Back Bay.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-23T11:07:07.52.
     
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    20 Chestnut St Suite #1
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    Listing courtesy of Mac Chinsomboon of Coldwell Banker Realty - Back Bay.